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It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
A world of Trading assets

2021/07/05 Market Analysis

Authored by TD Markets
05.07.2021
Market Analysis
0
1 min

EURGBP

EURGBP is back at the support zone after aggressively rejecting the resistance of the channel. Traders could see the market pushing to the downside as soon as the market breaks and closes below the zone.


GBPAUD

GBPAUD broke above the descending channel and made a retest/pullback which confirms the break. A break and close above the resistance zone could see buyers stepping in and pushing the market to the upside


GBPJPY

GBPJPY formed a bearish leg to complete the bullish corrective structure. A break and close above the minor resistance zone will see the market continue the bullish wave.

Authored by TD Markets
05.07.2021
Market Analysis
0
1 min

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